There are several ways on how to make $300 million dollars, but you certainly won’t make it if you’re searching about the ways to make it.
However, you’re here because you want to learn, and some of the ways to make up to $300m will depend on the need to provide pure value to the online and offline society. Honestly, you make more money when you’re serving a purpose or providing value or offering a solution to a challenge.
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That said, here are 11 smart ways to make $300 million dollars in the 2020s (if you’re reading this in 2028 and AI isn’t the be all end all of all things internet).
How to Make $300 Million Dollars: 11 Smart & Lucrative Ideas
Start a Loan Firm
A loan firm basically gives loans to people and companies in need. And then these people who become the clients pay back within the speculated and agreed upon timeframe. They’ll be paying back with interest though, and that’s where the profit comes from.
You don’t need to have a million dollars to start this business, but there are different procedures you’ll need to go through just to make sure the business stands. With as little as $100k, you can get going. If you have more money, better.
Starting a mortgage lender or a loaning firm is one of the ways on how to make $300 million dollars. Plus, you’re not going to make $300m the moment you launch your firm. The money will come gradually but steadily as long as you have a solid loaning criteria and policy.
Real Estate
Real estate is one of the ways to make $300 million dollars. And I’m sure you already know what this means. There are a couple of ways to make money in the real estate world, but the one I’m particular about right now is flipping houses and flipping properties (not just houses).
As a flipper, you buy houses and resell them to make a profit. In order for you to not run at a loss or for you to now buy a property nobody else would want to buy, consider the location of the property and the propensity for it to appreciate in value in the coming years.
There’s a lot to consider when buying a potentially profitable real property. And you can’t get into this business if you have no money. While $300 million dollars is attainable with real estate, you’ll need to have millions of dollars to begin your voyage in the quest of making $300m.
If you’re buying properties with several thousands, your profit will be in thousands. If your property is worth millions, you could get tens of thousands of dollars in profit from flipping it. If your property is worth tens of millions, you could get a couple millions in profit.
And this is where you want to be. So, if you don’t have tens of millions, it’ll take you a very long time to hit $300m. I’m being super realistic here. You need more money to make more money.
Fashion Brand Entrepreneurship
Building a fashion brand is one of the many ways to make $300 million dollars, and this isn’t a free venture either. You’ll have to come up with your own fashion brand idea, your logo, and then your terminals for delivery coupled with an ecommerce arm.
Next, you’ll promote your fashion brand to reach more clients. It’ll cost you a lot of money and you’ll need to recruit a team of smart people along the way. Going up against already existing fashion brands like Hermes, H&H and Zara means a lot of competition awaits you. And amid the competition you can hit the market big with influencer marketing.
Start Your Supermarket
Starting a supermarket of your own costs a lot of money, but then you’re also going to make a lot of money from it too. A supermarket is expensive to start up, and the profits you’ll get will definitely surpass whatever profit you’ll get from other small scale businesses.
Again, if you’re starting a supermarket, your priority shouldn’t be to make $300m in profit. It could be, but it shouldn’t. Rather, set your mental gaze on building a business that’s well organized and serves value to its clients.
E-commerce Development
E-commerce is business online. If you’re able to successfully launch an ecommerce business off the ground, then you can make $300 million dollars in profit within the space of a year.
Big e-commerce giants like eBay and Amazon generate well over $300 million in sales in a month. While I’m not asking you to be the next Amazon or the next eBay, be unique with your e-commerce business.
Starting an ecommerce business has two phases; the online phase where you create the website and payment structure and then the offline phase where you acquire, store, maintain, package, and deliver the products. You’ll need to grind through both phases pretty well to have a successful e-commerce business.
Start a Car Dealership
Car dealerships have levels. And depending on the car you’re into, your profit ranges from $500 dollars to as high as $700,000 dollars (and even more) per transaction. You can flip cars or just sell cars as a dealer.
If you’re looking to make $300 million dollars, then you’re going to be dealing in cars that are worth a lot of money. Not $10k or $100k cars. I mean some of the most expensive vehicles in the world today.
But just in case you no longer want to make $300m (which you shouldn’t stop longing to make), you can become rich from dealing in casual and common vehicles – the high in demand vehicles that are pretty affordable in every city.
Launch a Digital Marketing Agency
Digital marketing agencies basically help businesses and other individual clients perform internet based promotion. They help grow social media accounts, increase online engagements and sales too.
The overall essence of hiring digital marketing agencies is to gain exposure and boost revenue. So, if you want to make $300 million dollars, you can start up a digital marketing agency of your own. You’ll need to understand the concept of digital marketing first before making any move forward.
Drugs; the Hard Way
Doing drugs is definitely a way to make a lot of money, but the consequences really make it not worth the try. If you want to make as much money as $300 million dollars, then you’ll need to find your way to do drugs.
It’s not a very easy task and you’ll need to work with people who have a lot of experience in the game. Plus, you’ll need to have a mentor and a list of potential buyers who are willing to pay you tons of cash.
The street craves drugs and there are people who can’t live 24 hours without taking drugs. It’s become a chronic addiction for many, and this addiction is what dealers capitalize on to generate millions of dollars.
Kickstart Your Pharmacy
In the US, you’ll need to pass muster with some criteria just to have your own pharmacy. It’s really not a big deal to have one, and a lot of money comes from this sector of the economy; the health sector.
If you’re able to launch your mega pharmacy or a large space where people can buy medicine, then you can generate millions of dollars. However, I’m not talking about mini stores here as it’s going to be near impossible to make $300 million dollars with a small sized business like this.
So, if you’re going to start a pharmacy and you’re looking to generate several hundred million dollars in sales or profit, it’s gotta be mega.
Manufacture Bottled Water
What’s going to be the name of your bottled water?
It’s up to you to think it out. The thing is, people consume water everyday. Humans can’t live without it. That’s just it, and water makes up 60% of the human body.
If you launch a bottled water company and you’re able to market it strategically to win the hearts of millions of consumers worldwide, then you would generate billions of dollars. Today, there are a couple of household bottled water companies.
You can rival them, and you need a lot of money to do so. Anything from $500k would be enough to get started. Plus, a lot of learning goes into starting a business like this. A lot of recruiting goes too.
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Develop a Unique Mobile App
Now, if you’re able to develop and effectively market a software or an app that actually solves a problem or remedies a challenge, you’d be able to generate millions in revenue with an ingenious monetization strategy.
Depending on the kind of app you develop, the monetization strategy or method will differ. The point is to develop a really unique software or a mobile app (or both) that solves or remedies a real-time problem or challenge.
If it’s a general challenge, you’re going to earn more by gaining more users (or winning them over from the preexisting competition).
How to Make $300 Million Dollars: 11 Smart & Lucrative Ideas – Summary
So, making a couple hundred million dollars will depend on how much value you can provide and at what scale and scope you’re providing it.
At the end of the day, some of the real value-oriented ways to make $300 million dollars include developing a unique mobile app, manufacturing bottled water, launching a pharmacy of your own, doing drugs, starting up a digital marketing agency, getting into cars dealership, building an ecommerce business, erecting a loan firm, real estate, acquiring or developing a fashion brand, and building a branded supermarket.
Apparently, you need to be rich to get your hands dirty with any of these methods.